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The opportunity to understand and potentially co-invest into Chinese AI technological startups
Sinovation Ventures is an established Chinese technology-savvy investment firm, started in 2009 by a team led by Dr. Kai-Fu Lee, with presence in Beijing, Shanghai, Shenzhen, Seattle and Silicon Valley. BBVA has invested $50 million into Sinovation Fund IV, a Chinese venture capital fund under the management of Sinovation Ventures that invest in private held companies firms in early stages and early growth stage internet and technology companies with substantial markets and operations in the Republic of China, Taiwan or Hong Kong, which are mainly focused in areas such as internet consumption, B2B, education but with a special focus on Artificial Intelligence (AI). The investment will increase BBVA’s insight and access to the growing Chinese innovation market, especially around AI.
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Dr. Kai-Fu Lee

Chairman and CEO of Sinovation Ventures

Dr. Kai-Fu Lee is the Chairman and CEO of Sinovation Ventures and President of Sinovation Venture’s Artificial Intelligence Institute. Sinovation Ventures, managing US$2 billion dual currency investment funds, is a leading venture capital firm focusing on developing the next generation of Chinese high-tech companies. Prior to founding Sinovation in 2009, Dr. Lee was the President of Google China. Previously, he held executive positions at Microsoft, SGI, and Apple. Dr. Lee received his Bachelor degree from Computer Science from Columbia University, Ph.D. from Carnegie Mellon University, as well as Honorary Doctorate Degrees from both Carnegie Mellon and the City University of Hong Kong. He is a Fellow of the Institute of Electrical and Electronics Engineers (IEEE), Times 100 (The Most Influential People of 2013), WIRED 25 Icons, Asian Business Leader 2018 by Asia House, and followed by over 50 million audience on social media. His New York Time and Wall Street Journal bestselling book AI Superpowers (aisuperpowers.com) discusses US-China co-leadership in the age of AI as well as the greater societal impacts brought upon by the AI technology revolution.